MAS Financial Services Ltd Share Price – NSE  / BSE

Finance, Small Cap

MAS Financial Services announced the appointment of Dhvanil Gandhi (DIN: 10562922) as the Executive Director of its subsidiary company MAS Rural Housing & Mortgage Finance (MRHMFL).

Dhvanil Gandhi brings over a decade of experience with MAS Financial Services, where he has played a key role in strengthening the SME lending business across India. He is also driving initiatives in the insurance vertical and has been instrumental in obtaining the insurance broking licence, expanding the company's ability to serve a wider customer base and support insurance penetration. He is actively involved in investor relations and contributes significantly to the company's technology-led initiatives.

He holds a bachelor's degree in business administration from Ahmedabad University and a postgraduate degree from Indian School of Business (ISB), Hyderabad. He has also participated in executive programmes at Kellogg School of Management, IE Business School, London School of Economics and Political Science and National University of Singapore.

Net profit of MAS Financial Services rose 25.04% to Rs 103.12 crore in the quarter ended March 2026 as against Rs 82.47 crore during the previous quarter ended March 2025. Sales rose 23.54% to Rs 542.47 crore in the quarter ended March 2026 as against Rs 439.10 crore during the previous quarter ended March 2025.

For the full year,net profit rose 19.60% to Rs 371.21 crore in the year ended March 2026 as against Rs 310.38 crore during the previous year ended March 2025. Sales rose 24.91% to Rs 1995.43 crore in the year ended March 2026 as against Rs 1597.45 crore during the previous year ended March 2025.

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MAS Financial Services announced that the Board of Directors of the Company at its meeting held on 29 April 2026, inter alia, have recommended the final dividend of Rs 0.75 per equity Share (i.e. 7.5%) , subject to the approval of the shareholders.

MAS Financial Services has allotted 10,000 listed, senior, secured, redeemable, transferable, taxable, non-convertible debentures having face value of Rs 1,00,000 each for an aggregate amount of Rs 100 crore on a private placement basis on 25 March 2026.

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